We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Avocet Mining Plc | LSE:AVM | London | Ordinary Share | GB00BZBVR613 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 13.10 | 11.40 | 14.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAVM
RNS Number : 0197D
Avocet Mining PLC
26 January 2018
Sale of Resolute (West Africa) Limited
to the Balaji Group
Avocet Mining Plc ("Avocet" or the "Company") announces today that, at the request of the Balaji group of companies (the "Balaji Group") completion of the sale of Resolute (West Africa) Limited ("Resolute") to the Balaji group, as announced by the Company on 18 December 2017, has been deferred by five days to 30 January 2018.
On 18 December 2017, the Company announced that it had entered into an agreement to sell all of its assets in Burkina Faso, including the Inata goldmine, together with certain receivables of the Company's group to the Balaji Group for a total consideration of USD 5 million (the "Sale"). Completion of the Sale was expected to occur on 11 January 2018.
As announced on 11 January 2018, completion of the Sale was deferred to 25 January 2018, at the request of the Balaji Group pending its discussions with a creditor of Resolute. Against this background, Balaji has requested a further deferral of completion of the Sale by five days to 30 January 2018 to be able to finalise an agreement with this creditor.
The terms and conditions of the Share Purchase Agreement, as set out in the announcements of 18 December 2017 and 11 January 2018, have not been materially changed, other than to reflect the deferral of the Completion Date.
FOR FURTHER INFORMATION PLEASE CONTACT
Hot Features
Premium
Avocet Mining PLC Blytheweigh J.P. Morgan Cazenove
Financial PR Corporate Broker
Boudewijn Wentink, CEO Tim Blythe Michael Wentworth-Stanley
Yolanda Bolleurs, CFO Camilla Horsfall
Megan Ray
+44 20 3709 2570 +44 207 138 3204 +44 20 7742 4000
NOTES TO EDITORS
Avocet Mining PLC ("Avocet" or the "Company") is an unhedged gold mining and exploration company listed on the London Stock Exchange (ticker: AVM.L) and the Oslo Børs (ticker: AVM.OL). The Company's principal activities are gold mining and exploration in West Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUNONRWKAAURR
(END) Dow Jones Newswires
January 26, 2018 02:00 ET (07:00 GMT)
1 Year Avocet Mining Chart |
1 Month Avocet Mining Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
